Baker & Wells Ltd

Baker & Wells Ltd, based in Ossett, UK, is a small, active company founded six years ago. It employs three people and holds £1,008,142 in assets. The company is led by a solo founder, Aslam Irfan, who also serves as the director and owner. It’s a real address with only five companies registered there, which is a good sign. The company is a irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import operation occurring just two months ago in September 2024.

The company’s website, Baker Wells, focuses on mattresses and sleep products. It’s a well-designed site promoting “the next chapter in mattress innovation” and highlighting features like edge-to-edge spring systems, memory foam, and temperature control. The site emphasizes craftsmanship, with over two decades of experience in the furniture industry, and even offers a three-year warranty. The company also actively seeks stockists, indicating a desire to expand its reach beyond direct sales.

Financially, Baker & Wells Ltd shows a mixed picture. Cash bank on hand has decreased by a significant 53%, falling to £380,000. Current assets have also dropped by 20%, reaching £1,000,000. However, trade debtors have increased by a substantial 36%, reaching £380,000, which could indicate increased sales. Equity has improved by 17%, reaching £780,000. Creditors have decreased by 55%, which is a positive sign. Plant machinery depreciation has increased by 30%, and vehicles depreciation has increased by 60%. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in cash reserves warrants attention. No auditor is mentioned, likely due to its status as a small company.

Overall, Baker & Wells Ltd appears to be navigating a period of change. While sales seem to be increasing, the company needs to manage its cash flow carefully to ensure long-term stability.

Registered in England/Wales under the registration number 11677616, with a registered address at WF5 9NQ, England, Ossett, 50 Dewsbury Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.